Noel O'Flynn (Cork North Central, Fianna Fail)

As Seanad amendments Nos. 7, 10 and 14 are related, they may be discussed together.

Seanad amendment No. 7:

Section 24: In page 22, subsection (1), between lines 31 and 32, to insert the following:

" "occasional transaction", in relation to a customer of a designated person, means a single transaction, or a series of transactions that are or appear to be linked to each other, where—

(a) the designated person does not have a business relationship with the customer, and

(b) the total amount of money paid by the customer in the single transaction or series is greater than €15,000;".

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